Notable Analyst Rating Changes 6/9: X, CSX, OMTR, MRVL Higher; HIG, VRX, MAS Lower

June 9, 2009 9:40 AM EDT

UPGRADES:
Morgan Stanley upgrades U.S. Steel (NYSE: X) from Equal-weight to Overweight.

Goldman Sachs upgrades CSX Corp. (NYSE: CSX) from Neutral to Buy and raises their price target from $36 to $40.

Morgan Stanley upgrades Omniture (Nasdaq: OMTR) from Equalweight to Overweight. Click here to see full color on the upgrade.

JMP Securities upgrades Marvell Technology (Nasdaq: MRVL) from Underperform to Outperform.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES:
Citigroup downgrades Hartford Financial (NYSE: HIG) from Buy to Hold and lowers their price target from $21 to $19, citing a management vacuum after Chairman/CEO Ayer announced plans to retire.

Wachovia downgrades Valeant Pharmaceuticals (NYSE: VRX) to Underperform. Valuation Range: $15 to $17. Click here for the full report.

UBS downgrades Masco (NYSE: MAS) from Neutral to Sell.

For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades

NEW COVERAGE:
Sanford C. Bernstein initiates coverage on State Street (NYSE: STT) with an Outperform rating.

Brean Murray Initiates Coverage on athenahealth (Nasdaq: ATHN) with a Buy. Click here for more color on the coverage.

J.P. Morgan initiates coverage on CarMax (NYSE: KMX) with a Neutral rating. Price target $15.

For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage


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Stocks Mentioned

ATHN 41.94

+0.03 +0.07%
Volume: 190,186
Track ATHN

CSX 47.75

-0.71 -1.47%
Volume: 3,846,300
Track CSX

HIG 25.00

-0.34 -1.34%
Volume: 5,399,598
Track HIG

KMX 21.18

-0.07 -0.33%
Volume: 2,291,504
Track KMX

MAS 13.28

+0.08 +0.61%
Volume: 3,751,901
Track MAS

MRVL 15.46

+0.22 +1.44%
Volume: 10,999,899
Track MRVL

OMTR 21.52

+0.00 +0.00%
Volume: 3,264,159
Track OMTR

STT 42.90

-0.83 -1.90%
Volume: 4,791,488
Track STT

VRX 32.64

-0.16 -0.49%
Volume: 826,011
Track VRX

X 38.08

-0.63 -1.63%
Volume: 9,530,444
Track X


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